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While many “Macro Tourists” fruitlessly search for the next bullish catalyst, a surprise bearish catalyst could be coming down the pike instead.

A viewer question on a recent edition of The Macro Show got Hedgeye CEO Keith McCullough’s attention by posing this thought:

If oil prices continue to crash, could it keep the U.S. economy in Quad 4 (growth and inflation slowing) even longer than Hedgeye is currently forecasting through Q1 of 2019?

Watch the clip above for McCullough's answer.

Could Crashing Oil Keep U.S. In Quad 4 Longer? - early look